UNIFIRST CORP (UNF)

UniFirst Corp. engages in the provision of workplace uniforms and protective work wear clothing. It operates through following segments: the United States and Canadian Rental and Cleaning, Manufacturing (MFG), Specialty Garments, First Aid, and Corporate. The U.S. and Canadian Rental and Cleaning segment purchases, rents, cleans, delivers, and sells uniforms, protective clothing, and non-garment items. The MFG segment designs and manufactures uniforms and non-garment items. The Specialty Garments segment is involved in nuclear and cleanroom applications and provides cleanroom cleaning services. The First Aid segment focuses on first aid cabinet services and other safety supplies. The Corporate segment includes distribution, sales and marketing, information systems, engineering, materials management, manufacturing planning, finance, budgeting, human resources, and other general and administrative costs and interest expense. The company was founded by Aldo Croatti in 1936 and is headquartered in Wilmington, MA.

Address

68 JONSPIN RD
WILMINGTON, MA 01887

Founded

1936

Number of Employees

16,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$7,053 $10,004 - - $146,011 $44,122 - $9,239 $21,081 $5,046 $10,920 $31,684
Average Price $98.13 $122.18 - - $124.00 $166.34 - $200.84 $176.19 $175.51 $167.36 $136.56
# Shares Purchased 71,876 81,876 - - 1,177,510 265,250 - 46,000 119,644 28,750 65,250 232,020
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 92.6% 54.7% - - 52.4% 13.6% - -5.9% 7.3% 7.7% 12.9% 38.4%
S&P 500 Return to Date 181.9% 173.0% - - 104.9% 93.1% - 31.7% 37.3% 31.3% 7.4% 82.6%
Excess Total Return -89.3% -118.3% - - -52.4% -79.5% - -37.5% -30.0% -23.6% 5.5% -44.2%
Quartile Rank
Percentile Rank 57% 48% - - 59% 43% - 41% 53% 46% 67% 66%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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